Environment
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
StateNew JerseyReported
S 2782: Clarifies choice of independent contractor status for certain licensed or regulated professionals.
Gordon Johnson
S 2782 status: Reported — Reported out of Assembly Committee, 2nd Reading (updated Sep 17, 2026).
Source
LegiScan
Confidence
High
Analysis basis
LegiScan full bill text
01
What this bill does
Official summary alongside an AI-generated read on where it stands and why.
Overall Score
38OUT OF 100
Score:38/100 civic fit
Risk:Moderate Risk
Impact:Moderate Impact 65/100
Constitutionality85%
Bipartisan70%
Public opinion50%
Bill summary
What changes
The bill establishes that licensed insurance producers and registered securities professionals can be classified as independent contractors rather than employees, regardless of other state laws or 'ABC' test requirements, provided they sign a written agreement.
Who is affected
Licensed insurance producers, brokers, investment advisers, and the firms that contract with them.
Requirements and enforcement
The professional must perform services under a written agreement describing them as an independent contractor.
Costs and funding
Directly impacts the state's unemployment and disability trust funds by reducing employer contributions; shifts the cost of benefits from employers to the individual.
When it takes effect
Takes effect immediately and applies retroactively to existing agreements.
Potential benefits
Provides legal certainty and flexibility for businesses and high-level professionals in the finance and insurance sectors.
Risks and tradeoffs
Significant reduction in worker protections, loss of access to state-mandated safety nets, and potential for reduced state revenue.
What is still unknown
The degree to which this might encourage firms to force employees into contractor status as a cost-saving measure remains uncertain.
02
Impact analysis
✦ AI analysisModeled effects across six domains, estimated from bill text and comparable legislation.
Economy
Critical outlook
40%
Benefits
- Provides regulatory certainty for businesses engaging licensed professionals.
- Reduces compliance overhead for insurance and securities firms.
- Allows professionals greater flexibility in structuring their business relationships.
Risks
- Reduces employer contributions to state unemployment and disability insurance funds.
- Increases the financial risk burden on individual contractors for benefits.
- Creates a bifurcated labor market with differing levels of legal protection.
Society
Critical outlook
35%
Benefits
- Supports professional autonomy for licensed insurance and securities agents.
- Maintains the ability of these professionals to choose an employment relationship if desired.
- Facilitates industry-standard contracting models.
Risks
- Excludes specific professionals from state-mandated paid leave benefits.
- Removes eligibility for Temporary Disability Benefits for these workers.
- Limits access to protections under the New Jersey Call Center Jobs Act.
Technology Industry
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
Civic Accountability
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
Public Health & Safety
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
03
How trustworthy & consequential it is
Sourcing already shown above, this is what the analysis found worth flagging.
Source
LegiScan
Official bill text or data from LegiScan.
Confidence
High
Information is complete and verified.
Analysis basis
LegiScan full bill text
Source used for this bill's analysis.
Source note
Workers reclassified as independent contractors lose access to state-mandated disability and unemployment benefits.
Analysis scope
Economic impact on state funds is not quantified in the provided text.
04
Where it stands
Official record- IntroducedComplete
- CommitteeCurrent
- Chamber votesUpcoming
- Final agreementUpcoming
- GovernorUpcoming
- EnactedUpcoming
05
How it affects your district
✦ Personalized
Set your location
Add your district to see how this bill may affect your community and who to contact.
Your Representatives
Your representatives appear here once you add your location.
06
Take action
Contact your representatives
Let them know how you feel about this bill.
Share your view
Join the discussion and see what others are saying.
Track this bill
Stay updated on progress and changes.